Calculating the number of periods

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Reference no: EM131831193

1. Calculating the Number of Periods. You expect to receive $55,000 at graduation in 2 years. You plan on investing it at 6% until you have $100,000. How long will you have to wait from now? I will have to wait _________years from now.

2. Calculating Present Values. You need $50,000 in 12 years. If you can earn 0.25% per month, how much will you have to deposit today? I will have to deposit $___________, today.

Reference no: EM131831193

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